iimb prospectus 2008
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IIMB Prospectus 2008TRANSCRIPT
Post Graduate Programme Admissions Office
Indian Institute of Management Bangalore
Bannerghatta Road, Bangalore - 560076
Ph: 080-26993188 Email:
Post Graduate Programme Admissions Office
Indian Institute of Management Bangalore
Bannerghatta Road, Bangalore - 560076
Ph: 080-26993188 Email:
© 2007-08 Indian Institute of Management Bangalore.Compiled by Student Media Cell - IIM Bangalore: Adithya MR, Anuj Pradhan, Mathew Abraham,
Pranay Shetty, Sharmili Phulgirkar, Sidharth Gupta. Special Credits: Chintan Valia, Harish G, Hari Ganpathy, Parv Bansal. Design by
www.cicadamedia.com Photographs are the property of their respective owners
l e a r n | g r o w | i n s p i r e
INDIAN INSTITUTE OF MANAGEMENT BANGALORE
If you have made it to IIM Bangalore, it is because YOU have been an achiever all through your life. At IIM Bangalore, we place a lot of importance on consistent growth and not just on your performance in one exam. Therefore, our students constitute a diverse set of achievers - some of the best minds in their field of specialization. At IIM Bangalore, we provide the right channel for these minds to become future leaders.
One of the greatest challenges of our times is to maintain the pace of growth and development. To help you measure up to these emerging challenges, IIM Bangalore places a lot of importance on learning - not just theoretical but practiced learning. IIM Bangalore acts as a catalyst in your learning process by giving you world class infrastructure and a curriculum which has the right blend of classroom teaching and case study approach. The academic programmes at IIM Bangalore are continually monitored and frequently revised to incorporate cutting edge management theories and practice.
We lay emphasis on holistic development of our students. To help you grow on all fronts, the institute provides myriad of opportunities outside the classroom as well- be it industrial interaction, cultural activities, sports
competitions or entrepreneurial pursuits. At the same time to expose the students to international management thought and practice, we have comprehensive exchange programmes with leading business schools around the world.
A key component of growth lies in interacting with and learning from accomplished people. Our students not only get a chance to get taught by renowned faculty, but also to interact with some of the best known business leaders. The who's who of corporate world regularly visit our campus and inspire our students to develop a refined perspective and soon occupy leadership positions themselves. Through such interactions with the peer group, faculty and the industry, the network that one develops is the strongest asset of an IIM Bangalore student.
IIM Bangalore students have always made a mark for themselves in their pursuit of choice after graduating from this institute. Using their skills, knowledge and most importantly the well rounded perspective that they develop here, they go on to drive a change and inspire the world.
Prof. Pankaj ChandraDirector, IIM Bangalore F
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FROM THE DIRECTOR
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Nestled in 100 acres of sylvan surroundings on the southern edge of Bangalore, IIMB, with its all-stone architecture peeping out of lush verdant woods and landscaped gardens provides an idyllic environment to engage in a rich milieu of formal and informal activities. The institute's proximity to some of the leading corporate houses in the country gives it the added advantage of integrating classroom knowledge with practical experience.
Established in 1973, the institute has since then built on its base of highly accomplished faculty, world class infrastructure and motivated student body to emerge as one of the premier institutes for management education and research promoting managerial excellence in the country. The flagship Postgraduate Programme in Management (PGP) and Fellow (Doctoral) Programme in Management (FPM) are very highly rated and IIMB alumni occupy senior managerial and academic positions across the globe.
IIMB has always been a hub of innovative activity continuously on the lookout for opportunities to collaborate with the industry as well as other academic institutions the world over. Innovation and research at the institute has been given a fillip with the establishment of Centres of Excellence in various areas from Software management to Insurance to Financial markets and Risk Management. The N.S Raghavan Centre for Entrepreneurial Learning is a catalyst for entrepreneurial activity and a well known incubation centre for startup ventures. It comes as no surprise then that IIMB consistently figures among the top business schools in India in domestic and international surveys.
One of the characteristics that set apart IIMB from other B-schools is the carefully selected mix of students which truly creates a diverse environment wherein students can leverage from each other's experience rather than reproduce classroom theories thereby creating a truly enriching learning experience. The institute also has the largest Student Exchange Programme amongst all B-schools in India with several partner universities across North America, Europe and Australia which only adds to the diversity of experience on campus at all times!
As the global business scenario gets increasingly complex and dynamic, IIMB, cognizant of this fact, prepares you to manage and lead in such dynamic business situations by providing a diverse and challenging environment where in you can learn and grow and finally walk out, ready to lead and inspire…
ABOUT IIMB"What organizations need today are collaboration, knowledge
sharing, communication, multi-tasking and flexibility - we facilitate
development of these aspects to mould balanced personalities who
can see the larger picture with the art of listening as an important
managerial tool".
Prof. R Vaidyanathan, Finance & Control Area
Member, Advisory Committee on Secondary Markets, SEBI
President, Asia Pacific Risk and Insurance Association
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LEARNING AMBIENCEFor learning to be effective it needs to be delivered in a congenial environment that not just nurtures but stimulates the interest of the best minds that receive it. At IIM Bangalore you have access to world class learning infrastructure that ensures that your pursuit of knowledge and the exercise of your interests are hassle-free.
Hostels
The spacious, beautiful and well maintained hostel blocks provide single room accommodation to all students.
The Institute Library
Spacious and extremely well stocked the library is regularly updated with the latest journals and newsletters. It also provides access to online databases like Bloomberg. Its services are subscribed to by working professionals too.
Computing Facilities
IIMB's is the only fully wi-fi enabled campus amongst comparable institutes. The computer centre is available for use 24 hours. Printer facility is provided in the computer centre as well as in the hostel blocks. High speed Internet, highly resourceful intranet, sharing software, and internal messenger make all work easier and quicker.
Sports Facilities
With a strong focus on overall development of the student's personality, we have a robust sporting infrastructure. This includes facilities for tsepak, soccer, cricket, tennis, basket ball, volley ball, throw ball, badminton, indoor games etc. These facilities have had a role to play in the institute having a strong sporting culture.
Music Room
A state of the art music room with good acoustics, electric guitars, bass, amps and a Tama drum-kit is a delight for all music lovers and players.
"Lack of resources is the last thing you can complain about at IIMB. Every possible facility that you can ask
for to aid your learning or to make your stay here comfortable and enjoyable is available on campus".
Parv Bansal, Student
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ACADEMIC PROGRAMMES AT IIMB
LEARNING CURVE
Elective Courses
IIMB has the distinction of offering the largest variety of elective courses in the second year of the PGP. To add to this, IIMB is the only Business school in India, which offers its students elective courses in the first year itself.
Economics & Social Sciences
Business Forecasting, Tracking Creative Boundaries, Infrastructure Privatization and Regulation, Econometrics, Current Economic Scenario, Political Economy, Embedding Leadership Excellence
Finance & Control Area
Financial Statement Analysis, Financial Derivatives, International Finance, Integrated Treasury and Risk Management, Investments, Mergers and Acquisitions, New Enterprise Financing, Fixed Income Securities, Social Entrepreneurship, Management Control Systems, Banking, Financial Market and Systems, Advance Corporate Finance, Corporate Tax Management, Insurance and Pension Funds
Marketing
Research for Marketing Decisions, Brand Management, Product Management, Advertising Management, Consumer Behaviour, Services Marketing, Business Data Mining and Decision Making, Rural Marketing, Retailing Management, Competitive Marketing Strategy, Business Marketing Strategy, Sales and Distribution Management, International Business Negotiation Skills, Pricing, Advertising Management
Production & Operations Management
Supply Chain Management, Logistics Management, Project management, ERP, MRP II, Operations Strategy, Services Management, Managing E-business
Quantitative Methods and Information System
Spreadsheet Models for Business Decisions Problems, Data Base Management Systems, Software Project Management, Actuarial Mathematics and Statistics, Information Systems Development, Stochastic Methods in Finance, Game Theory, Marketing of Information Technology, Patterns of Problem Solving
Corporate Strategy and Policy
Advanced Corporate Strategy, Technology Competition and Business, Managing New Ventures, Strategy and Organization, Multinational Management, New Product Development
Organisation Behaviour and HRM
High Performing Organisations, Inter Cultural Management, Strategic HRM, Personal & Interpersonal Effectiveness
Learning at IIM Bangalore is exciting, challenging and enriching. A balanced and contemporary curriculum benchmarked against that of 15 of world's best b-schools ensures that you consummate your management education on the back of a steep learning curve.
The flagship programme, Post Graduate Programme in Management, has a balanced focus on individual assignments and group projects facilitating self as well as peer group learning. The pedagogy includes lectures, case discussions, guest lectures and use of audio-visual content. This makes learning multidimensional and participative, and stimulates student's interest.
The first two terms expose the students to basic concepts in the areas of Marketing, Finance, Quantitative methods, Operations etc. through the 'core courses', which serve to build a strong foundation for more detailed immersion later. Thereafter students are free to choose from a wide array of electives in various areas of specialization. Students are also encouraged to take up dissertation work or a project on 'Contemporary Concerns' under the guidance of faculty.
"The courses here are continuously revised to match the
ever-changing industry requirements. Also, through some
uniquely designed courses we allow our students to
understand their personalities better and fit themselves
into the social and corporate strata".
Prof. Avinash Mulky, PGP Chairperson
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LEARNING FROM THE BEST
"The pedagogy here is such that we focus on learning of analytical tools and
applications rather than just factual learning. Classroom sessions have a balanced mix
of theory as well as its context based application, and include enriching real world
analysis and discussions".
Prof. Rupa Chanda, Economics & Social Sciences Area
Member, International Health Regulations Roster of Experts, Expert in Trade,
WHO, Geneva
Member, Board of Approval for SEZs, Govt. of India
FACILITATING LEARNINGOrientation
Every new batch of students first undergoes an orientation programme that prepares them for the rest of the course. Talks by industry leaders, outdoor sessions, workshops and faculty interaction are part of this orientation
Financial Aid
IIMB endeavours to ensure no capable student is denied education here for the want of adequate funds. The financial aid programme offers tuition fee waivers and scholarships on merit cum means basis.
Faculty Mentorship
Each student is allotted a faculty member as mentor. Student can approach her mentor to seek help or advice on anything relating to academics or life at large at IIMB.
Interest Groups
Interest Groups discussions are out-of-class informal discussions between students and faculty, typically over coffee, on recent developments in their mutual area of interest. It contributes largely to enhance faculty-student interaction outside the classroom.
Case Writing
Case writing initiative has been launched to offer practical learning opportunities to students through greater involvement with faculty and industry. Cases written by students go into the teaching material for future batches.
OTHER PROGRAMSPost-Graduate Programme in Software Enterprise Management
The PGSEM endeavors to provide the most current executive general management education to middle and senior professionals of the software and information technology industry who seek to pursue a career in management.
Post-Graduate Programme in Public Policy Management
Catalyzed by the Government of India and United Nations Development Programme the PGPPM is packed with path breaking insights about winning policy making and management strategies. It offers participants global exposure through tie up with Syracuse University , USA.
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The faculty at IIMB is a highly respected set of academicians who also excel in the capacity of researchers,
consultants to industry, advisors to government and columnists in leading publications. When this 80-strong faculty
brings its experience from such varied roles to the classroom it translates into the best pedagogy that the students can
look to receive. A faculty-student ratio of 1:6 is further complemented by the presence of oversees visiting faculty. IIMB
faculty too visits international B-schools regularly as guest faculty.
A DAY IN OUR LIFEA DAY IN OUR LIFE
And of course, IIMB doesn't make zombies out of us. After all those classes, projects, talks and parties we do catch our share of sleep. And trust me after all the hard-work and all the fun, you do not have to try too hard to put yourself to sleep.
End of Day
After almost mortally injuring my innocuous lo oking alarm clock and fighting overpowering sleep I somehow managed to reach class in time. It's a case discussion today and I think it's very interesting!
10:30 AMProjects like the ones where you do extensive analyses on companies form a key evaluation component. Working with project teams is not just great learning but fun too. Right now I am at CCD with my group devising corporate strategies over coffee and brownie!
3:00 PM
Staying fit or taking time out for your favourite sport is not something you have to compromise at IIMB. I love my daily jog. So here I am!
5:00 PM
The 24 hour canteen is the life-line of any campus. No matter whether you are in the middle of an assignment or a meeting, the late night urge for a bite will invariably drive you to Athikas. And the Maggi here is delicious!
12 MidnightNo prizes for guessing where is the party tonight ?!! A self proclaimed party animal and a L2 junkie (L-square is our hallowed dance floor) like me never misses an IIMB party! My unwind zone every fortnight same place same time!
3:00 AM
One of the best parts about being at IIMB is the opportunity one gets to interact with people who are not just headline makers but also great inspirers. The Danish Prime Minister, Doug Baillie, Mallika Sarabai, P. Chidambaram, Nandan Nilekani, Suhel Seth, CEOs and MDs - the list is awe inspiring. I make sure I never miss any of these talks.
7:00 PM
Wondering when we actually get some time off? Well that is now. Read a novel, study for a possible surprise quiz, get into an interesting chat with someone on the internal messenger - Bracket, or simply relax on your bean-bag. I love being with myself in my room.
9:00 PM
GROW ON ALL FRONTS STUDENT ACTIVITIES @ IIMB
"The Students' Affairs Council is the apex student body which facilitates the smooth functioning of a host of
student-run clubs in diverse areas - all of which ensure that you have an experience of a lifetime at IIM
Bangalore".
Shyam U, President - Students' Affairs Council
STUDENT CLUBS
There is a plethora of student clubs in IIMB that ensure that everyone has an opportunity to pursue her interest on campus.
Academic Council
The voice of the student body in all matters pertaining to academics.
Bookrack
Bookrack is IIMB's own student run library with a collection of over 1000 fiction and non-fiction titles.
MaSh - The Marketing Shrine
MaSh, the marketing club inculcates and promotes the spirit of marketing among the students.
Networth - The Finance Club
The gyaan club of college giving fundae on Finance and other highly intense stuff!
ICON - The Consulting Club
Gives students the opportunity to work on real life consulting assignments for corporate clients.
Forum for Industrial Interaction
Bridges the gap between the business world and the business school. The flagship event of FII is 'Vista' , the national level management festival of IIMB which is one of the biggest events of the academic year. Throughout the year this club offers opportunities to interact with the who's who of corporate world.
Cul-Com - Cultural Committee
One of the most popular clubs on campus, Culcom takes care of the cultural as well as social aspect of life at IIMB. 'Unmaad' the famous cultural festival of IIM Bangalore is the flagship event of Culcom. This club also
ensures lively celebration of all festivals of campus - from matkiphod on Janmashtami to collective cracker bursting on Diwali.
MARS - Merchandising and Retailing Society
Planet MARS - the student run store on campus where everything from purchasing to publicity to managing cash and every minute detail of running the shop is handled by students.
SIGMA
SIGMA maintains the IT infrastructure in college providing systems support for various institute activities.
Entrepreneurship and Innovation Cell
EnI cell works to encourage and facilitate the entrepreneurial spirit among the IIMB community.
Toastmasters
Toastmasters@IIMB is the local chapter of Toastmasters International that aims to prepare dynamic managers with superior oratory skills.
Student Media Cell
These guys interact with correspondents and editors of all media houses to air all that you read and hear about IIMB in the media.
Vikasana
The student run social service initiative of IIMB that works extensively with NGO's and schools in Bangalore to make a difference.
"IIMB is the overall sports champion having defeated IIMA, IIMC and IIMK"
SPORTS
People take their games very seriously here and a clean sweep of all three Inter-IIM sports meets this past academic year is testament to this fact. The sporting religion here is Tsepak and the Tsepak Kings the high priests. Sports competitions at various levels - inter block, inter section, inter IIM - run through the year and it's virtually impossible not to be involved.
PARTIES
We rarely miss opportunities to celebrate and chill out on campus. From birthday
parties to block parties to the mother of all parties - The L2, pulling an all-nighter on the dance floor is something you'll invariably find yourself doing very regularly here.
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GROW SANS BOUNDARIES
Being at IIM Bangalore means that you will have ample opportunities of gaining an international exposure. Considering the global expanse of business and the multinational footprint of professionals such an exposure at this stage prepares a student well for her future. Several of our courses and programmes have been designed in a manner that allow our students to experience first hand the culture, work methodology, attitudes and learning environments of other countries.
The Student Exchange Programme
IIM Bangalore has by far the most comprehensive exchange programme. B-schools like London Business School, GSB Chicago, Anderson School - UCLA, HEC Paris and close to 50 others in 26 different countries participate in the programme each year offering a total of 174 students to undertake a term of study at their campuses. The mutual exchange of students sensitizes them to the way of life elsewhere and facilitates a rich exchange of ideas and learnings.
International Summer Internships
The most reputed multinational corporations recruit IIM Bangalore students for summer internships after their first year. A large number of the internship locations are outside India. In 2008, as many as 110 interns from IIMB joined the international offices - London, New York, Tokyo, Singapore, Honk Kong to name a few - of various firms. The experience of working with people of
varying ethnicities and nationalities in equally diverse geographies enriches one's personality.
Course on International Business in Practice
As part of this curricular course offered in the fifth term of the programme, students get an opportunity to visit various companies in South-East Asia - Singapore, Thailand and Malaysia. They work with them, understand global workplace dynamics and return with valuable insights on international business practices.
The Global B-Schools Interaction
Delegations from some of the most well known business schools of the world visit our campus to interact with the students and faculty here. IIM Bangalore is the only b-school in the country to have hosted students from Harvard Business School, Yale University, Cornell University, Hong Kong University and many others for fruitful exchange of ideas.
The Stanford Exchange Programme
As part of special agreement between the Graduate School of Business, Stanford University and IIM Bangalore, every year students from both these elite institutes work together on various projects. They also get to visit each others' campuses at the beginning and completion of the project. The programme is highly reputed and respected for facilitating the congregation of the best of minds.
"An opportunity to understand business in a different cultural
context, working in a diverse group with Dutch, Italian and
German colleagues, and an experience of a lifetime in form
of a Europe trip with friends - the exchange programme is
easily one of the best things that IIMB offers".
Rishabh Goel, Student
Europe
London Business School, UK
ESSEC Business School, France
EDHEC School of Management, France
Stockholm School of Economics, Sweden
Solvay Business School, Belgium
Rotterdam School of Management
ESADE, Spain
HEC School of Management, France
Asia Pacific
University of New South Wales, Kensington
College of Business Administration, S. Korea
School of Management, AIT, Thailand
Nanyang Business School, Singapore
Korea University Business School, S. Korea
U.S.A. & Canada
GSB, University of Chicago, Illinois
UCLA Anderson School of Management
The Fuqua School of Business
University of Washington
Stem School of Business, New York
Schulich School of Business, Toronto
Some of the universities with which IIMB has tie up for exchange programmes:
INTERNATIONAL OPPORTUNITIES
Footprints of IIMB
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California
London
ParisGermany
Amsterdam
Dubai
Hong KongIndia
Singapore
Thailand
Tokyo
Sydney
New York
Malaysia
Dallas
ChicagoBrussels
THE LAST MILE PLACEMENTSStudents from IIM Bangalore, owing to their intrinsic talent as well as the holistic personality development they receive here, are significant value creators for the organizations worldwide. That explains why the best of companies hire from our campus year-on-year offering excellent career opportunities to our students.
Our Summer Internship programme conducted after the first year also attracts an
equally overwhelming response from the corporate world. Students get an opportunity to work closely with companies and develop a long term perspective with regards to their career choices. Companies too view the summer internships as a means to engage students on some productive short term assignments as well as evaluate them for the purpose of giving them pre-placement offers.
"Over the years, we have found the IIMB students
to be very impressive and well rounded, which is
why IIMB is one of our core recruiting campuse"s.
Boston Consulting Group
• Fastest ever placement process at IIMB. Entire batch placed in four days
• Over 50% of the batch placed in Slot Zero
• Highest number of investment banks in IIM Bangalore despite concerns of global recession
• Blackstone group recruited only from IIM Bangalore and Harvard Business School
• Highest number of offers by Consulting Firms across all IIMs
• McKinsey offers Associate position at par with International B-Schools
• Over 75 offers during the Laterals placement process
• Highest ever - 132 - offers for summer internships in slot zero
• Management consulting firms like McKinsey, BCG, Bain & Co, Arthur D Little offering positions in Europe, New York, Australia, Middle East and Singapore
• Investment banks continued the historical trend of offering internship roles across geographies - North America, Europe, Asia Pacific
HIGHLIGHTS - Summer and
Final Placements 2008
McKinsey & Co.
Blackstone Group
Goldman Sachs
Lehman Brothers
Boston Consulting Group
Deutsche Bank
Bain & Co.
AT Kearney
Merrill Lynch
JP Morgan
Oliver Wyman
Barclays Capital
ABN AMRO
Citigroup
HSBC
Arthur D Little
ING
MAPE Advisory
Aditya Birla Group
Tata Administrative Services
Hindustan Unilever Ltd.
Proctor & Gamble
Edelweiss
Lebua Hotels
NDTV
Enam Securities
ChrysCapital
Freudenberg
Bloomberg
Microsoft
Kotak
GE
KPMG
PWC
Accenture
Ocwen
IBM
ITC
ICICI
Bank of America
Standard Chartered
Ernst & Young
Diamond Consulting
PRTM Consulting
Deloitte
UAE Exchange
BNP Paribas
Aloe Group
RECRUITERS
FINAL PLACEMENTS 2008
SUMMER PLACEMENTS 2008
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Inves tment Banking21%
Others10%
Consulting37%
Marketing7% IT
6%
Finance19%
Management Cons ulting
17%
Private Equity10%
Marketing and General Management
5%
Inves tment Banking68%
N Ravi Secretary (East), Ministry of External Affairs Government of India
Das Narayandas James J. Hill Professor of Business Administration Harvard Business School, Boston
Vasant Tilak Naik Managing Director, Head of Quantitative Strategies Group Lehman Brothers
Mathew Cyriac Partner Blackstone Group
Aswath Damodaran Professor of Finance Stern School of Business, New York
Satya Narayanan Group Chairman Career Launcher
Ashok Reddy Co-Founder & CEO Teamlease
Ashok Sinha Chairman & Managing Director BPCL
Rajeev Bakshi CEO Pepsi India Holdings Pvt. Ltd
Rajiv Maliwal Co-founder & Managing Director Sabre Capital Worldwide Inc.
Rajeev Chaba CEO General Motors India
Vikash Daga Partner McKinsey & Co.
Saugata Gupta CEO, Consumer Products Marico India
Apurva Purohit CEO Radio City
Arun Balakrishnan Chairman & Managing Director HPCL
Sonjoy Chatterjee CEO ICICI Bank UK
DISTINGUISHED ALUMNI
INSPIRE OTHERS TO DREAM
IIM Bangalore alumni have made a mark for themselves in various domains, be it industry, academia, government, or entertainment. Having reaped the benefits of studying in a world-class institute, these alumni now occupy leadership positions in locations across the world. Their success inspires those who are at the threshold of the hallowed portals of this institute to make it big for themselves too.
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Arguably Asia's fastest growing cosmopolitan city, Bangalore is touted as one of India's best places to live in. Home to more than 250 high-tech companies including IT bigwigs like Infosys and Wipro, Bangalore has come to be synonymous with business, driving India's economic growth thereby making a place for itself on the global business map as India's Silicon Valley.
Bangalore just like IIMB, well and truly embodies the "work hard, party harder !" culture. Home to some of the swankiest pubs and discotheques in the country, the one thing you can be rest assured of is that you will never run out of great places to party and eat out. Culturally, the city provides something for every kind of taste be it contemporary or traditional, classical or western in various forms of music, dance, theatre, exhibitions and carnivals. Bangalore's rock culture is well known with almost every international performer visiting India, playing in Bangalore.
In between all the glitz and fancy malls, one can still find long, tree lined roads and sprawling gardens to take a walk in while enjoying the absolutely fabulous climate that lends a laid back charm of a sleepy pensioner's paradise to the city. It is the harmony with which the city accommodates contrasting cultures and opposites that makes the Bengaluru Experience truly unique.
BENGALURUTHE CITY WITH THE MOST